Monday, 3 October, 2022
TopicBanking crisis

Topic: banking crisis

Ashish Gupta, the man who predicted India’s banking crisis warns of new danger

The crisis engulfing India’s NBFCs could be even more destabilising for the $2 trillion economy, Ashish Gupta says.

CBI searches 7 locations after booking Rana Kapoor’s family in Rs 600 cr bribery case

CBI alleged that Rana Kapoor along with DHFL's Kapil Wadhawan are guilty of round-tripping funds that benefited companies owned by Kapoor's daughters.

Why Modi proves strong leaders don’t always bother about good economics

Data & the feel after 6 years under PM Modi proves a strong leader doesn’t necessarily give us decisive economic leadership unmindful of immediate political risks.

Fears of crisis at Yes Bank over dodgy loan book were raised as far back as 2015

A 2015 report by global financial services firm UBS had pointed out that Yes Bank had strongest growth in loans to potentially stressed companies.

RBI Governor Shaktikanta Das is facing an increasingly tough balancing act

As bad debt piles up & the budget deficit target goes out of the window, it’ll be tough for RBI Governor Shaktikanta Das to keep all the balls in the air.

Tata’s Taj hotel chain to sell assets to trim debt as consumer spending slackens

Indian Hotels Co., Tata’s listed firm that operates the Taj brand, plans to dispose of certain budget inns in non-metro areas and lease them back for a fee.

Govt should ensure health of banks doesn’t depend on who owns them

Investors have made their preferences clear: Good private banks quote at higher multiples of book value, while govt banks quote discounts. This cannot continue.

5 reasons why the RBI and Modi govt are at loggerheads

From a banking crisis to interest rates, the RBI has often found itself on opposing sides to the Modi government this year.

This Chennai bank is the perfect case study on how to crush the bad loans problem

Indian Bank is the rare public sector bank with the least NPAs and consistent record of reporting profits.

Is India’s successful growth story the reason behind it’s banking crisis?

Statistics point to a peculiar feature of India's high growth phase even as it remains the world's fastest growing economy

On Camera

YourTurn

File photo of Supreme Court | Manisha Mondal | ThePrint

SC ruling on hijab & Gyanvapi won’t just be limited to faith. It’ll be about our democracy

While petitions against Karnataka’s hijab ban are an opportunity to define student rights, those against Place of Worship Act can be a platform to ensure a robust law-making procedure in India.
A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.

Defence

LCH Prachand at Jodhpur Air Base | Photo: Suchet Vir Singh, ThePrint

IAF gets indigenous Light Combat Helicopter ‘Prachand’ after 23-yr journey that began after Kargil

Manufactured by Hindustan Aeronautics Ltd, it is the first attack helicopter that can operate in Siachen. Of the 15 sanctioned, 10 will go to Indian Air Force, 5 to Indian Army.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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